The ONEX Trade Wars — Testnet Edition 1

Onomy Protocol
Onomy Protocol
Published in
2 min readSep 25, 2023

Nomads — time to assemble!

If you’ve filled the form, you’re whitelisted to join the first edition of the ONEX Trade Wars and have received your BTC, ETH, NOM, USDT, and USDC. If you haven’t filled the form, worry not — there’ll be plenty more opportunities!

Here’s everything you need to know about the ONEX Trade Wars, featuring a total 100,000 NOM prize pool.

You now have the following ammo:

  • 5 BTC
  • 10,000 NOM
  • 2,000,000 USDT
  • 2,000,000 USDC
  • 1,500 ETH

Readying the Armada!

In the Nomad armada, everybody wins — so long as you carry out your assigned duties. Prizes will be evenly distributed to all participants who fulfill the following criteria:

  1. Go to https://onex-testnet.onomy.io/ to access the ONEX testnet and connect your wallet.
  2. Place at least 5 limit orders and 5 market orders in different pools.
  3. Provision liquidity to at least 2 pools (create a drop).
  4. Provide feedback in the ONEX-wars-feedback channel that you now have access to on Discord.

Overall, this shouldn’t take you more than 10 minutes.

High-ambition soldier?

Good. There’s more for you. Should you prove your trading acumen and rank amongst the top 3 traders, you’ll receive 3,000 NOM for ranking first, 2,000 NOM for ranking second, and 1,000 NOM for ranking third.

Here’s how to do it.

  1. Trade your way to as much USDT and USDC as possible.
  2. Before the end of the contest, provision liquidity in the USDT/USDC pool and see if you rank in the top 3.
  3. If you do, you win!

Sybil-fanatics, beware. If you sign up with multiple addresses, you will be blacklisted from future competitions. If your address transfers or receives currencies to/from another address, you will be blacklisted all the same. Let’s keep things fair & square!

The competition will run until the 2nd of October. Prizes will be distributed shortly after.

LET THE ONEX WARS COMMENCE!

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Onomy Protocol
Onomy Protocol

Offering the infrastructure necessary to converge traditional finance with decentralized finance.